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Karura is the experimental network for Acala. As an experimental network with real economic value, Karura is a proving ground for protocol upgrades and a place to experiment with new DeFi protocols and on-chain governance.

What does Karura offer?

Karura’s all-in-one DeFi hub for Kusama gives users a taste of a decentralized swap, stablecoin minting, liquid staking, earning rewards, and more – all with micro gas fees.
Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers a suite of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX – all with micro gas fees that can be paid in any token.
For developers, Karura is a proving ground for protocol upgrades and a place to experiment with new DeFi protocols and on-chain governance.

Why build on Kusama?

Kusama is Polkadot’s experimental network – a multi-chain network for innovation. By launching on Kusama, Karura can push the limits of what’s possible, giving the Acala Foundation team a place to launch bold new financial innovations. Karura will access Kusama’s plug-and-play security while enjoying high-capacity processing speeds, micro-gas fees, and interoperability between multiple networks, all ultimately bridged to Polkadot.
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Last modified 11d ago